Bula all,
I am hopeful some of you tradies can help me with a question on a work vehicle.
We are starting up a cleaning and landscaping company and will need a work vehicle possibly two to move us around from property to property.
We will also need one of them for personal use.
So what i am after is what is the best way to write off all of it off including fuel, maintenance etc.
should we buy a truck with a tow bar and use this exclusively for work and then a little run about for the wife.
She will use hers as a company vehicle and also personal use so I think she will get up to 5000km
And I will use the work truck exclusively for work only but the business is also based from home so the IRD may be a bit reluctant on that.
So the question what do I buy to get the best outcome tax wise?
Thank you all very much! This site a good resource.
O
I am hopeful some of you tradies can help me with a question on a work vehicle.
We are starting up a cleaning and landscaping company and will need a work vehicle possibly two to move us around from property to property.
We will also need one of them for personal use.
So what i am after is what is the best way to write off all of it off including fuel, maintenance etc.
should we buy a truck with a tow bar and use this exclusively for work and then a little run about for the wife.
She will use hers as a company vehicle and also personal use so I think she will get up to 5000km
And I will use the work truck exclusively for work only but the business is also based from home so the IRD may be a bit reluctant on that.
So the question what do I buy to get the best outcome tax wise?
Thank you all very much! This site a good resource.
O
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